Financial institutions stories

Google Cloud says banks need governance-led platforms to unlock agentic AI at scale, with tens of agents set to reshape compliance, fraud and risk.

Celonis and ProcessLab debut banking tools for mortgage approvals and service teams as lenders seek faster decisions, lower costs and better customer journeys.

FIS revamps cross-asset platform with AI dashboards and SaaS tools to help buy-side firms manage trading, portfolio and risk in one system.

TD rolls out Google virtual card numbers for eligible Visa customers in Canada, adding a security boost for online and in-app payments.

Banks warned to pair eIDV with address checks as data quality becomes central to spotting synthetic identities and strengthening KYC and KYB controls.

Iron Mountain lands Google Cloud honour for AI-powered media vaults, helping rights holders digitise ageing archives and unlock new licensing revenue.

Xero unveils AI-native finance platform and JAX assistant to cut admin for small firms, with accountants and bookkeepers also in line for gains.

Mastercard and Lobster.cash to let OpenClaw users authorise AI agents to spend on existing cards, backed by Verifiable Intent.

DoBusiness.com joins Payments Canada after rule changes open the door to payment service providers, widening access to Canada's core payments governance.

Spektr lands USD $20 million Series A from NEA as Copenhagen AI compliance platform targets manual checks at banks and fintechs.

Visa takes a direct stake in Tempo's blockchain operations, joining an early group of outside validators as it deepens its stablecoin and payments push.

Backbase and Ninth Wave have teamed up to let banks plug corporate clients' ERP and accounting systems straight into account data and payments.

Kijiji teams up with Interac to let users verify identities before trades, messaging and pickups as Canada's classifieds site lifts safeguards.

Wise posts higher transfer volumes and customer balances as it targets a Nasdaq primary listing in May 2026 while keeping London.

Oracle expands its financial crime platform with Lucinity's AI investigation tools, aiming to cut compliance workloads for banks and regulated firms.

FintechOS rolls out FintechOS 8 preview, pairing governed AI with product workflows for lenders and insurers as it eyes launch later this quarter.

SLR deepens its digital climate analytics offer with the acquisitions of Planetrics and ClimSystems, targeting asset-level risk modelling.

Persistent and Databricks launch Merchant Risk Management and Fraud Detection solution for banks and payment providers facing rising digital payment fraud.

Custodia says financial firms must widen record-keeping to cover collaboration tools, messaging apps and AI-generated content as regulators step up scrutiny.

World Cup guide urges banks to spot scams and trafficking as tournament travel, ticket demand and online activity heighten fraud risks.